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Malaysia has lost over $1 billion to illegal crypto mining

Malaysia is cracking down on illegal crypto mining after losing over a billion dollars to the activity.  Malaysia's national utility company, Tenaga Nasional Bhd (TNB), has reported a loss of more than $1billion (RM 4.6 billion) due to illegal electricity use by cryptocurrency miners between 2020 and August 2025, according to its Energy and Water [...]

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